Commodity Pool Operator. AVIF (IVIF) and Fund Manager each agree to promptly notify Life Company when any underlying fund becomes a commodity pool as defined under the Commodities Exchange Act (“CEA”), and Fund Manager is required to register with the Commodity Futures Trading Commission (“CFTC”) as a Commodity Pool Operator with respect to any underlying fund. AVIF (IVIF) and Fund Manager each represent and warrant that it will at all times comply with the CEA and CFTC rules and regulations to the extent required. 5. The existing Section 23. Summary Prospectus, is hereby deleted in its entirety and replaced with the following:
Appears in 7 contracts
Samples: Participation Agreement (Aim Variable Insurance Funds (Invesco Variable Insurance Funds)), Participation Agreement (Aim Variable Insurance Funds (Invesco Variable Insurance Funds)), Participation Agreement (Transamerica Corporate Separate Account Sixteen)
